3 Cognitive Biases
I made a short video showing you exactly how you can overcome the hardwired biases that can cheat you, including the huge mental trap that even Warren Buffett has to fight.
investing
Compound Your Life: Small Steps Lead to Big Changes
Now is it a great time to reflect on your life and find ways to improve upon it. Why not try to live the best life you can? One way to live your best life is using the power of compounding.
A Tale of Two Investors
It is officially gut check time.
So, I’d like to tell you a story about two investors who lived through a bear market and how their decisions during the correction affected their lives ever after.
Bear Markets
Do you know why bear markets happen?
Or what you should do during them?
It’s easy to lose focus in the chaos of a bear market. In fact, behavioral economists say we’re primed to look for the negatives after a market downturn.
When that happens, we tend to seek out more negative information. When we find it, we start to feel threatened. It’s human nature.1
You know what can help?
Market Corrections
Corrections are anxiety-provoking.
They make us wonder if we got it wrong. If we’re going to be ok.
If this time is “different.”
After all, the S&P 500 plunged “at unprecedented speed,” and this was the “worst point drop in history.”1
